Business
MBS Q3 earnings reach nearly S$1 billion following hotel renovation completion
Parent company LVS is optimistic about growth, citing its expansion project and Singapore’s attractiveness as a destination Integrated…
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PacificLight appoints Mitsubishi Power and Jurong Engineering to build S$1 billion hydrogen-ready power plant
PacificLight Power announced on Thursday (Oct 23) that it has appointed a consortium comprising Jurong Engineering Limited (JEL) and…
Business
Former Citi banker gets longest sentence in S$3 billion money laundering scandal
A former wealth banker at Citigroup got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the…
Business
Former Citi banker Wang Qiming gets longest sentence in S$3 billion money laundering scandal
A former wealth banker at Citigroup got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the…
Business
Chipmaker Yangtze Memory weighs over US$40 billion China IPO next year: sources
Yangtze Memory Technologies is considering an initial public offering in mainland China at a valuation that could exceed US$40 billion,…
Business
JPMorgan Chase opens $3 billion NYC headquarters, reshaping the city’s skyline
JPMorgan Chase unveiled its new 60-story headquarters to the public on Monday, one of the first major office buildings to be constructed…
Business
Chipmaker CXMT plans Shanghai listing with 300 billion yuan valuation: sources
[BEIJING/SINGAPORE] Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offering in Shanghai as soon as…
Business
Ripple-tied treasury firm to raise over US$1 billion to go public
The companies have funded tens of billions of US dollars purchases of their target tokens and enjoyed hefty premiums when investors were…
News
U.S. and Australia sign $8.5 billion critical-minerals deal to counter China
President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the…
Business
PM Pham Minh Chinh Says Vietnam's Economy Surpasses US$500 Billion in 2025
During the 10th session of the 15th National Assembly on Monday, October 20, Vietnamese Prime Minister Pham Minh Chinh stated that the…
Business
Global companies hit by more than US$35 billion in US tariffs, but outlook stabilising
GLOBAL companies have flagged more than US$35 billion in costs from US tariffs heading into third-quarter earnings, but many are lowering…
Business
Emirates NBD plans to invest US$3 billion in India’s RBL Bank
Emirates NBD bank will invest as much as US$3.1 billion in India’s RBL Bank in the biggest foreign investments in the country’s financial…
Business
China's Sany Heavy Industry seeking up to HK$12.4 billion in HK listing
Sany Heavy Industry is seeking to raise as much as HK$12.4 billion (S$2.1 billion) through its Hong Kong listing, a filing showed on…
Business
Asteroid Ryugu's Ancient Past Exposed: Evidence of Water Flowing for a Billion Years Found!
They may be tiny, ancient chunks of rock, but asteroids never fail to capture scientists' attention. These wandering space bodies aren't…
Business
Morgan Stanley sells US$8 billion high-grade bonds
Morgan Stanley priced an US$8 billion investment-grade bond sale on Friday (Oct 17), the third such deal by a major Wall Street firm this…
Business
Meta, Blue Owl seal US$30 billion private capital deal for AI
Structured investments are becoming more in demand as insurers and other types of investors search for debt tied to assets Mark…
Business
Blackstone, TPG near Hologic deal for more than US$17 billion
The parties are currently discussing a price of above US$75 a share, according to sources Blackstone and TPG are in advanced negotiations…
News
Administration stops $11 billion in Army Corps of Engineers' projects due to shutdown
White House Office of Management and Budget Director Russell Vought announced Friday that $11 billion in Army Corps of Engineers' projects…
Business
First Reit to divest Imperial Aryaduta Hotel & Country Club for 332.2 billion rupiah
Property is a non-core legacy asset within the healthcare-focused Reit’s portfolio that was already identified for disposal First Real…
News
Trump's tariffs helped tame deficit in 2025, brought in $118 billion in new money
President Trump's tariffs have helped to tame the federal deficit, the Treasury Department reported Thursday, with the extra $118 billion…
Business
Salesforce jumps as US$60 billion forecast eases revenue growth concerns
Salesforce shares jumped more than 6 per cent in premarket trading on Thursday (Oct 16). This is after the company forecasted faster…
Business
Chinese data centre firm GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long term GDS Holdings, one of China’s…
Business
Hyundai pivots to hybrids as it unveils US$5 billion India plan
The move comes as the automotive industry has moved away from ambitious targets for EV sales outside of China, following a hybrid-oriented…
Business
BlackRock, Nvidia-backed group buys Aligned Data Centers for $40 billion
An investor group including BlackRock, Microsoft, and Nvidia is buying one of the world’s biggest data center operators with nearly 80…